GOLDS LACKS INTRINSIC VALUE

Gold price-watching has become nothing more than a game for some investor, while others are watching intently for the end of the gold bull market. Also, there are those who act as if their entire life and well-being depend on the ups and downs of gold prices. Many gold bugs refuse to losten to the fact that gold's value as an investment requires predicting overall psychological and monetary demands in the future compared to now. It's essentially impossible to do with anything close to precision. Many people don't seem to understand that gold has no intrinsic value. It doesn't earn any profits, such as dividends, and unless there is a demand for it in the market, gold will sit idle in some vaults. Today's bullish/bearish gold sentiments are mismatched. Bulls list gold's preservation and protection strengths and bear points to its hig price. According to gold market experts, today's gold price is not determined by the mining of gold or how much gold is still underground. This does not necessarily mean that the gold price does not determine the amount of gold extracted from below the surface given the cost of extraction. The overall consent among many experts is that investors and speculators determine today's gold price bt supply and demand.